A newer version of this project is available. See below for other available versions.

Data and Coder for: Reconstruction of the Spanish Money Supply, 1492-1810

Principal Investigator(s):  View help for Principal Investigator(s) Felix Ward, Erasmus University Rotterdam; Yao Chen, Erasmus University Rotterdam; Nuno Palma, University of Manchester

Version:  View help for Version V1

Name File Type Size Last Modified
EMSM_ReplicationFiles.zip application/zip 23.4 MB 05/04/2021 06:04:AM

Project Citation: 

Ward, Felix, Chen, Yao, and Palma, Nuno. Data and Coder for: Reconstruction of the Spanish Money Supply, 1492-1810. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2021-05-04. https://doi.org/10.3886/E139761V1

Project Description

Summary:  View help for Summary
How did the Spanish money supply evolve in the aftermath of the discovery of large amounts of precious metals in Spanish America? We synthesize the available data on the mining of precious metals and their international flow to estimate the money supply for Spain from 1492 to 1810. Our estimate suggests that the Spanish money supply increased more than ten-fold. Viewed through the equation of exchange this money supply increase can account for most of the price level rise in early modern Spain.
Funding Sources:  View help for Funding Sources Fundação para a Ciência e a Tecnologia (CEECIND/04197/2017)

Scope of Project

Subject Terms:  View help for Subject Terms early modern period; equation of exchange; quantity theory of money
Geographic Coverage:  View help for Geographic Coverage Early modern world economy
Time Period(s):  View help for Time Period(s) 1492 – 1810
Collection Date(s):  View help for Collection Date(s) 2015 – 2021
Universe:  View help for Universe Early modern world economy, 1492-1810, especially Spanish Empire
Data Type(s):  View help for Data Type(s) aggregate data; observational data

Methodology

Unit(s) of Observation:  View help for Unit(s) of Observation yearly observations

Related Publications

Download this project

Published Versions

V2 [2021-05-04]

V1 [2021-05-04]

Export Metadata

Dublin Core

DDI 2.5

Report a Problem

Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.

This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.